TESLA SETUP and BREAKOUT ATTEMPT Part 1There is a wolfe wave setup on the 4 hour time frame. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target using this 4 hour period is greater than 900 which is expected to reach this price target before Aug 2022. This particular pattern allows us to position long term contracts at specific time periods. Short term target is $800 which is a level where profit taking will occur. Any pullback should be bought especially premarket gap down.
Tslastock
TSLA Bull or Bear Range Breakout?Hi there,
As per usual I will mention in the beginning of my posts that I am a day trader and look to take advantage of minor movements in the markets. However I do analyze larger timeframes and will post things that catch my attention and possibly yours.
First thing to note is that every $2.00 movement is a key level I look at that being said these are my thoughts of potential price movement for TSLA:
Hourly --> On March 16th the vwap crossed above the 20ema signalling a bullish movement for TSLA which continued until March 23rd
--> From March 23rd - 25th TSLAs price has been stuck in a consolidation boxed range as shown with the purple box drawn above on my chart. $985.00 would be the bottom of the range and $1,027.00 would be the top of the range
--> You can see with my awesome oscillator indicator that bullish momentum is weakening however the stochastic rsi indicator has been sustaining oversold levels for days now meaning we could easily see a continuation of a short term bull trend making higher highs passed $1,040.00
Happy Saturday everyone!
$TSLA - $1,500 Channel Trajectory INTACT-Stock price can trade outside of the channel,
but has in the past revert back into its channel.
-Stock Price has many times bounced off its 200MA.
The upward direction of the Channel is still well intact.
Price target herein purely based on technical channel. Fundamental target in my opinion is much higher by year end for the bull case.
Biggest fall for TESLA to come! In way to 640$ per share.Will Tesla fall??
No metter how long the day, the night is sure to come. Tesla have reached the higher prices in the few past months. No matter how much people hold a share they have to take profit, because every successful investor knows that after a sunny summer there is a hard winter..
We may not see the winter in the next few weeks, months. But, if TESLA start to buy it shares, in order to show that the inflation doesn't affect it, TESLA is going to lose a lot. The same situation happened with the Nasdaq a few months ago, now it went down Below 14K.
Some time it's hard to accept the reality, but i believe that: "A step back, can take you three steps forward".
Tesla Inc., called Tesla Motors until 2017, is an automaker of electric cars headquartered in Austin, Texas on the Colorado River in the United States. The name of the company is chosen in homage to Nikola Tesla, an American inventor and engineer of Serbian origin.
TSLA (Tesla) LONG Inverse Head&ShoulderBUY TSLA at $982.00 OR NOW AT $1040
Take Profit 1- $1100.00
Take Profit 2- $1190.00
Take Profit 3- $1243.00
Take Profit 4- $1310.00
Support: $980.00-$1000.00/ $940.50-$930.00/ $909.00/$860.00/ $830.00 / $780.00-$780.00
Resistance: $1078.00/ $1115.00/ $1196.00/ $1245.00
$TSLA breaking out of cup & handle pattern | Very bullish Tesla is b NASDAQ:TSLA $TSLA Breaking out of cup and handle pattern. Technicals and fundamentals both indicating new ATH imminent with potential to reach 2k per share near term.
$TSLA is breaking out of the cup and handle pattern that's been forming on the 4h chart. Confirmed bullish move as it gapped out of the handle channel today. Next area of resistance is around 1315$ where the 61.8% and trend line meet, so a new ATH in the 1300 zone seems to be an imminent target.If Tesla can break out of that strong resistance area then I think around 1559$ would be the next area of resistance since that’s where the 100% fib and the target height of the cup pattern intersect. If after that, strong fundamental momentum continues due to some strong upcoming catalysts such as ER numbers, Austin and Berlin factory updates or some other bullish news released, then reaching the 168% fib extension at 2k can happen quickly.
Either ways things are looking very bullish right now for Tesla .
Key areas of resistance and potential target zones:
Conservative target= 1315
Medium risk target= 1559
Aggressive target= 2002
1/2/22 TSLATesla, Inc. ( NASDAQ:TSLA )
Sector: Consumer Durables (Motor Vehicles)
Market Capitalization: 1.061T
Current Price: $1056.78
Breakout price: $1117.50
Buy Zone (Top/Bottom Range): $1028.30-$950.15
Price Target: $1230.00-$1244.25 (2nd), $1440.00-$1488.00 (3rd)
Estimated Duration to Target: 60-64d (2nd), 146-150d (3rd)
Contract of Interest: $TSLA 2/18/22 1100c, $TSLA 6/17/22 1400c
Trade price as of publish date: $76.30/contract, $73.00/contract
TSLA (TESLA) LONG SET UP (UPDATE)TSLA TRADE UPDATE
Our Tesla Gap fill entry has hit Take Profit 1 for 680 pips
We might get a pullback to $950 before hitting take profit 2 at $1090
I plan to add a second entry if we get a pullback to $950 before Take Profit 2
BUY TSLA at $932.00 ACTIVE ENTRY
Take Profit 1- $1000.00 (Target 1 Reached)
Take Profit 2- $1090.00
Take Profit 3- $1190.00
Take Profit 4- $1243.00
Support: $1000.00-$980.00-/ $940.50-$930.00/ $909.00/$860.00/ $830.00 / $780.00-$780.00
Resistance: $1078.00/ $1115.00/ $1196.00/ $1245.00
TSLAWith last week’s dip Tesla, Inc. (NASDAQ:TSLA) filled the gap from October, while the stock clings to uptrend support and holds up just above the prior breakout spot at $900. As long as it holds this key psychological area as support, I would feel comfortable to start a short-term long position. MACD is also displaying a positive divergence indicating trend reversal. Might bounce next week.
TSLA 4H NEAR FUTURE PREDICTIONTechnical Analysis Summary
TSLA/USD
TREND ANALYSIS
We have 1 down trend which is currently active in red
We have1 down trend in red that has already been broken and thus the reversal
FUTURE PREDICTIONS
We have many resistanse and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
10/24/21 TSLATesla, Inc. ( NASDAQ:TSLA )
Sector: Consumer Durables (Motor Vehicles)
Current Price: $909.68
Breakout price trigger: $900.40 (hold above)
Buy Zone (Top/Bottom Range): $894.00-$834.00
Price Target: $1120.00-$1128.00
Estimated Duration to Target: 41-46d (1st)
Contract of Interest: $TSLA 12/17/21 1000c
Trade price as of publish date: $20.40/cnt